Analysis of Communes’ Potential Fall in Revenue Following Introduction of Ad Valorem Property Tax
The property tax reform is the subject of numerous discussions and multi-aspect analyses. One of the conclusions from the analyses is an argument referring to the risk of a substantial rise in financial charges imposed on objects of taxation. The replacement of property tax with ad valorem property...
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| Format: | Article |
| Language: | English |
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Sciendo
2018-03-01
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| Series: | Real Estate Management and Valuation |
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| Online Access: | https://doi.org/10.2478/remav-2018-0006 |
| _version_ | 1819116026767343616 |
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| author | Gnat Sebastian |
| author_facet | Gnat Sebastian |
| author_sort | Gnat Sebastian |
| collection | DOAJ |
| description | The property tax reform is the subject of numerous discussions and multi-aspect analyses. One of the conclusions from the analyses is an argument referring to the risk of a substantial rise in financial charges imposed on objects of taxation. The replacement of property tax with ad valorem property tax is seen as a potential source of increased revenue for communes. However, some of the communes may experience the opposite effect, i.e. the risk of a revenue loss. Should the tax reform come into force, it will result in protests among the affected local governments. The paper presents the results of a study into the situation of an exemplary commune, where specific conditions that could lead to lowering the commune’s revenue due to the introduction of the ad valorem property tax may occur. |
| first_indexed | 2024-12-22T05:10:33Z |
| format | Article |
| id | doaj.art-423a9c24f5ea4558a0d7f9eb621a21f2 |
| institution | Directory Open Access Journal |
| issn | 2300-5289 |
| language | English |
| last_indexed | 2024-12-22T05:10:33Z |
| publishDate | 2018-03-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Real Estate Management and Valuation |
| spelling | doaj.art-423a9c24f5ea4558a0d7f9eb621a21f22022-12-21T18:37:59ZengSciendoReal Estate Management and Valuation2300-52892018-03-01261637210.2478/remav-2018-0006remav-2018-0006Analysis of Communes’ Potential Fall in Revenue Following Introduction of Ad Valorem Property TaxGnat Sebastian0University of SzczecinThe property tax reform is the subject of numerous discussions and multi-aspect analyses. One of the conclusions from the analyses is an argument referring to the risk of a substantial rise in financial charges imposed on objects of taxation. The replacement of property tax with ad valorem property tax is seen as a potential source of increased revenue for communes. However, some of the communes may experience the opposite effect, i.e. the risk of a revenue loss. Should the tax reform come into force, it will result in protests among the affected local governments. The paper presents the results of a study into the situation of an exemplary commune, where specific conditions that could lead to lowering the commune’s revenue due to the introduction of the ad valorem property tax may occur.https://doi.org/10.2478/remav-2018-0006ad valorem property taxmass appraisalh2r15r51 |
| spellingShingle | Gnat Sebastian Analysis of Communes’ Potential Fall in Revenue Following Introduction of Ad Valorem Property Tax Real Estate Management and Valuation ad valorem property tax mass appraisal h2 r15 r51 |
| title | Analysis of Communes’ Potential Fall in Revenue Following Introduction of Ad Valorem Property Tax |
| title_full | Analysis of Communes’ Potential Fall in Revenue Following Introduction of Ad Valorem Property Tax |
| title_fullStr | Analysis of Communes’ Potential Fall in Revenue Following Introduction of Ad Valorem Property Tax |
| title_full_unstemmed | Analysis of Communes’ Potential Fall in Revenue Following Introduction of Ad Valorem Property Tax |
| title_short | Analysis of Communes’ Potential Fall in Revenue Following Introduction of Ad Valorem Property Tax |
| title_sort | analysis of communes potential fall in revenue following introduction of ad valorem property tax |
| topic | ad valorem property tax mass appraisal h2 r15 r51 |
| url | https://doi.org/10.2478/remav-2018-0006 |
| work_keys_str_mv | AT gnatsebastian analysisofcommunespotentialfallinrevenuefollowingintroductionofadvalorempropertytax |